Starting a Business: No to Unwanted Facilities
When money is tight, as the case is, in any startup, you do not want to be spending on unnecessary things. But unfortunately, that is what most of us end up doing.
We tend to get our priorities wrong and spend too much money and time on things like, Big Office space, logo, fancy web template, [...]
Starting a Business: Do you have enough money?
Do not underestimate the cost involved in getting your new business up and running. There will be lots of unforeseen expenditure which might eat into your budget and cause problems in the run. Make an approximate of how much you need to get your company up and running.
Some of the common expenditures are:
Man Power
Equipment/Infrastructure
Softwares, Hosting
Marketing [...]
Starting a Business: Research before jumping in
The common reason why startups die early is because they didn’t do enough research. Most of them straight away start working, form a company, develop a product etc without doing proper market research. Doing ground work is a must before jump into forming a company and taking the next step.
By doing ground work you get [...]
Free Accounting Software for a startup
With 2 hands doing 100 things in a startup, we can get pretty disorganized and mess things up if we don’t take care of it early.
One area which requires atmost attention is finance. To keep track of expenditure, payroll etc. Unforeseen expenditure is a common thing in a startup. You will need to keep track [...]
Talk freely about your ideas
I remember the times when I would hesitate to discuss my ideas with others. Most of the time hesitating, thinking, people would laugh at it and sometimes fearing that they may copy it. This is one of the most common mistakes we, wannabe entrepreneurs do early in our career.
We tend to get over protective [...]
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